NOT LISTED FOR SALE

02 Olivia Ln Moretown, VT 05660

Estimated Value: $87,000

2.5 Acres
$34,800 Price per Acre
108,900 Sq Ft Lot

Last Sold November 16, 2020

Last sale price $130,000

Est. 33% decrease in value since last sale

Current estimated payment $542/month

49 Days on Market

Highlights

  • 2.5 Acre Lot
  • Countryside Views
  • Agricultural
  • Moretown Elementary School Rated A
  • Secluded Lot

About This Lot

As of November 2020

This beautiful piece of VT offers amazing mountain views and a great deal of privacy. The driveway is in and the septic system is in and is permitted for a 4 bedroom home. Build this summer or whenever it suits your needs.

Last Agent to Sell the Property

Joan Sabin

BHHS Vermont Realty Group/Waterbury License #081.0004018 Listed on: 05/13/2020

BHHS Vermont Realty Group/Waterbury

Last Buyer's Agent

Lisa Meyer

BHHS Vermont Realty Group/Waterbury License #081.0004337

BHHS Vermont Realty Group/Waterbury

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,352

Lot Details

  • 2.5 Acre Lot
  • Secluded Lot
  • Lot Sloped Up
  • Property is zoned rural residental

Utilities

  • Well Required
  • Leach Field
  • Cable TV Available

Additional Features

  • Countryside Views
  • Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$1,352

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Moretown village go up Moretown Mountain Road. Take a left onto Farnham Road and then the next left onto Olivia Lane. Property first driveway on the right.
  • Price Per Sq Ft: 52000
  • Property Class: Land
  • Property Type: Land
  • Estimated Open Space Percent: 95
  • Remarks Public: This beautiful piece of VT offers amazing mountain views and a great deal of privacy. The driveway is in and the septic system is in and is permitted for a 4 bedroom home. Build this summer or whenever it suits your needs.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Gravel, Shared, Privately Maintained

Utilities

  • Electric: On-Site
  • Sewer: Leach Field - Existing, Leach Field - Off-Site
  • Water: On-Site Well Needed
  • Utilities: Cable - Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 108900
  • Lot Acres: 2.5
  • Lot Description: Agricultural, Country Setting, Secluded, Sloping, View
  • Surveyed: Yes
  • Zoning: rural residental
  • Total Lots: 1
  • Deed Book: 74
  • Deed Page: 558-559
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 1351.53
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Nov 16, 2020
Sold by
Westover Lawrence
Bought by
Law Eric J
Seller's Agent
Joan Sabin
BHHS Vermont Realty Group/Waterbury
Buyer's Agent
Lisa Meyer
BHHS Vermont Realty Group/Waterbury
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%
Current Estimated Value
$87,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,000
Avg. Annual Appreciation
-7.79%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Law Eric J $130,000 --
Law Eric J $130,000 --
Law Eric J $130,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $130,000 -6.5% --
07/01/2020 07/01/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $139,000 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,305 $675,900 $161,600 $514,300
2023 $8,305 $427,100 $99,100 $328,000
2022 $1,423 $64,200 $64,200 $0
2021 $1,377 $64,200 $64,200 $0
2020 $1,423 $64,200 $64,200 $0
2019 $1,352 $64,200 $64,200 $0
2018 $1,325 $64,200 $64,200 $0
2016 $1,119 $64,200 $64,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan Sabin

    Seller's Agent in 2020

    Joan Sabin

    BHHS Vermont Realty Group/Waterbury

    (802) 793-7043

    5 in this area

    69 Total Sales

    Joan Sabin
    Section Image
  • Lisa Meyer

    Buyer's Agent in 2020

    Lisa Meyer

    BHHS Vermont Realty Group/Waterbury

    (802) 793-2299

    8 in this area

    88 Total Sales

    Lisa Meyer
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4805541

PrimeMLS

APN: 408-127-10876

Vermont Washington County Moretown 05660

02 Olivia Ln, Moretown, VT

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